Annual report pursuant to Section 13 and 15(d)

Hurricane Remediation and Insurance Claims (Tables)

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Hurricane Remediation and Insurance Claims (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Reconciliation of Approved Costs and Amounts for Payments to Hurricanes, Included in Operating Lease Expense

Below is a summary of remediation costs and amounts approved for payments related to Hurricanes Ike and Gustav that were included in lease operating expense (in thousands), with bracketed amounts representing credits to expense:

 

     Year Ended December 31,  
     2012     2011     2010  

Incurred and reversals of accruals

   $ 1,022      $ 132      $ (1,380

Plus amounts returned to insurers

            1,241         

Less amounts approved for payment by insurers

     (146     (1,334     (10,350
  

 

 

   

 

 

   

 

 

 

Included in lease operating expenses

   $ 876      $ 39      $ (11,730
  

 

 

   

 

 

   

 

 

 
Reconciliation of Insurance Receivables

Below is a reconciliation of our insurance receivables (in thousands):

 

Balance, December 31, 2011

   $ 715   

Costs approved under our insurance policies, net

     2,221   

Payments received, net

     (2,936
  

 

 

 

Balance, December 31, 2012

   $